Danske Bank A S Invests $3.79 Million in Masco Corporation $MAS

Danske Bank A S acquired a new stake in shares of Masco Corporation (NYSE:MAS) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 46,510 shares of the construction company’s stock, valued at approximately $3,785,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Masco during the second quarter valued at $1,278,943,000. State Street Corp boosted its stake in shares of Masco by 0.6% in the 4th quarter. State Street Corp now owns 10,235,505 shares of the construction company’s stock valued at $649,545,000 after buying an additional 60,430 shares during the period. JPMorgan Chase & Co. boosted its holdings in Masco by 19.2% in the fourth quarter. JPMorgan Chase & Co. now owns 6,063,286 shares of the construction company’s stock valued at $384,776,000 after purchasing an additional 977,684 shares in the last quarter. Boston Partners boosted its holdings in shares of Masco by 1.0% in the third quarter. Boston Partners now owns 5,850,170 shares of the construction company’s stock valued at $411,832,000 after acquiring an additional 58,609 shares during the period. Finally, Wellington Management Group LLP increased its holdings in Masco by 76.1% in the fourth quarter. Wellington Management Group LLP now owns 4,826,584 shares of the construction company’s stock valued at $306,295,000 after buying an additional 2,085,454 shares in the last quarter. Hedge funds and other institutional investors own 93.91% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on MAS. UBS Group reduced their target price on shares of Masco from $97.00 to $94.00 and set a “buy” rating on the stock in a report on Thursday, July 30th. Wells Fargo & Company upped their price target on Masco from $85.00 to $87.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Truist Financial reduced their target price on shares of Masco from $90.00 to $85.00 and set a “buy” rating on the stock in a research report on Thursday, July 30th. Zacks Research downgraded shares of Masco from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Masco from $74.00 to $78.00 and gave the stock a “neutral” rating in a research note on Friday, April 24th. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $79.87.

Masco News Roundup

Here are the key news stories impacting Masco this week:

• Positive Sentiment: Zacks raised its FY2026 EPS forecast to $4.49 from $4.27, a meaningful improvement, and increased its FY2027 forecast slightly to $4.71 from $4.69.
• Positive Sentiment: Quarterly estimates also improved for Q1 2027, to $1.12 from $1.10; Q2 2027, to $1.42 from $1.35; and Q1 2028, to $1.28 from $1.22. These increases indicate some expectations for stronger earnings in portions of the forward period.
• Neutral Sentiment: The current-year analyst consensus remains $4.52 per share, close to Zacks’ revised FY2026 estimate. Zacks also projects FY2028 EPS of $5.17, although that forecast was reduced from $5.25.
• Negative Sentiment: Zacks cut estimates for several periods: Q3 2026 EPS to $0.99 from $1.04, Q4 2026 to $0.82 from $0.91, Q3 2027 to $1.13 from $1.18, Q4 2027 to $1.03 from $1.07, and Q2 2028 to $1.39 from $1.43.
• Negative Sentiment: The broad reduction to the FY2028 outlook suggests analysts see some pressure on Masco’s longer-term earnings growth. Combined with the lower near-term quarterly forecasts, the revisions are likely a modest headwind for MAS, even though select annual and quarterly estimates were raised.

Masco Stock Up 0.1%

NYSE:MAS opened at $73.39 on Friday. The business’s fifty day moving average price is $76.80 and its 200 day moving average price is $71.00. The firm has a market capitalization of $14.47 billion, a price-to-earnings ratio of 16.87, a PEG ratio of 1.86 and a beta of 1.30. Masco Corporation has a 1-year low of $58.16 and a 1-year high of $83.64. The company has a current ratio of 1.86, a quick ratio of 1.22 and a debt-to-equity ratio of 109.07.

Masco (NYSE:MAS) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.32. The business had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.08 billion. Masco had a return on equity of 2,379.08% and a net margin of 11.61%.The firm’s revenue was down 2.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.30 EPS. Masco has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts forecast that Masco Corporation will post 4.52 earnings per share for the current fiscal year.

Masco Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 24th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Monday, August 24th. Masco’s dividend payout ratio is presently 29.43%.

Masco declared that its Board of Directors has initiated a share buyback program on Thursday, May 7th that authorizes the company to buyback $300.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 2.1% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Masco Profile

Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Founded in 1929 and headquartered in Livonia, Michigan, the company has evolved from a small door?bell manufacturer into a diversified enterprise serving both residential and commercial markets. Over its history, Masco has grown through a combination of organic innovation and strategic acquisitions, building a portfolio of well-recognized brands.

The company’s product offerings are organized into two primary segments.